Form 4: Terex Corp CFO Jennifer Kong-Picarrello Reports Acquisition of Common Stock

Jennifer Kong-Picarrello, CFO of Terex Corporation, reports acquiring 31 shares of common stock through the company's Deferred Compensation Plan.

Summary

• On April 2, 2025, Jennifer Kong-Picarrello, Senior Vice President and CFO of Terex Corporation, acquired 31 shares of Terex common stock at a price of $40.21 per share.
• The acquisition was made through payroll deductions via the company's Deferred Compensation Plan.
• Following the transaction, Kong-Picarrello directly owns 63,140 shares of Terex common stock, which includes previously reported restricted stock units and shares received as a dividend.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction. The CFO's participation in the deferred compensation plan is a slightly positive signal, but not significantly impactful.

Positives

• The CFO's participation in the Deferred Compensation Plan demonstrates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.

Comparison to Industry Standards

• Comparing insider transactions across similar companies in the industrial sector, such as Caterpillar (CAT) or Deere & Company (DE), can provide a broader context.
• Analyzing the frequency and size of insider buys and sells relative to company performance and industry trends can offer insights into management's perspective on the company's valuation and future prospects.
• For example, if other executives at Terex or similar companies are also participating in deferred compensation plans or making open market purchases, it could signal a positive outlook for the industry.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Terex, TEX, CFO, Jennifer Kong-Picarrello, Form 4, Beneficial Ownership, Deferred Compensation Plan, Common Stock, Acquisition